Vessel pooling could halve costs of compliance with looming FuelEU regulation
The looming FuelEU Maritime regulation will pose significant challenges and extra costs for the shipping ...
CHRW: SKYROCKETINGXPO: PARING GAINS XPO: NEW OPENINGS XPO: TURNING AWAY FREIGHT XPO: OPERATING RATIO DEVELOPMENTXPO: MARKET DYNAMICS ON THE RADAR XPO: CHIEF STRATEGY OFFICER TALKS GROWTHXPO: 'MANAGING LABOUR COSTS' XPO: CONF CALL LIVEMAERSK: MARKET OUTLOOKMAERSK: GUIDANCE UP AS EXPECTED AHEAD OF INTERIMS MAERSK: PRELIMINARY UPDATE OUTXPO: EARNINGS BEATDHL: STEEP DEMAND SURCHARGE DHL: FORWARDING CONVERSION RATIO DHL: MARKET SHARE RISKDHL: DEAL-MAKING OPPORTUNITIESDHL: DEMAND SURCHARGE AND CHINADHL: FORWARDING OUTLOOKDHL: DEMAND SURCHARGE
CHRW: SKYROCKETINGXPO: PARING GAINS XPO: NEW OPENINGS XPO: TURNING AWAY FREIGHT XPO: OPERATING RATIO DEVELOPMENTXPO: MARKET DYNAMICS ON THE RADAR XPO: CHIEF STRATEGY OFFICER TALKS GROWTHXPO: 'MANAGING LABOUR COSTS' XPO: CONF CALL LIVEMAERSK: MARKET OUTLOOKMAERSK: GUIDANCE UP AS EXPECTED AHEAD OF INTERIMS MAERSK: PRELIMINARY UPDATE OUTXPO: EARNINGS BEATDHL: STEEP DEMAND SURCHARGE DHL: FORWARDING CONVERSION RATIO DHL: MARKET SHARE RISKDHL: DEAL-MAKING OPPORTUNITIESDHL: DEMAND SURCHARGE AND CHINADHL: FORWARDING OUTLOOKDHL: DEMAND SURCHARGE
Few outside shipping’s technical circles understand ballast water management systems – and hell, why should they – but the practice of taking on ballast water in one part of the world and discharging it elsewhere represents one of the greatest threats to many marine ecosystems, as it has resulted in “the spread of invasive aquatic species, which can cause havoc for local ecosystems, affect biodiversity and lead to substantial economic loss”. Last week Finland voted to adopt a convention on ballast water management drawn up by the International Maritime Organization, and by doing so pushed the required threshold of international tonnage over the 35% mark, which means the convention will become international law 12 months from now. Trouble is, the US is also introducing a ballast water law, but one that is considerably stricter than the IMO’s, leaving some shipowners with some difficult decisions to make.
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